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economics theory and philosophy

Economic Scene: Tax Cuts, Sold as Fuel for Growth, Widen Gap Between Rich and Poor

Economic Scene: Tax Cuts, Sold as Fuel for Growth, Widen Gap Between Rich and Poor

Arthur B. Laffer made the case in the 1970s that raising tax rates would reduce tax revenue by hampering growth.

Nobel in Economics Announced, and Bank Earnings Begin

The Nobel Memorial Prize in Economic Science will be announced on Monday, and several banks will report earnings toward the end of the week.
The New Health Care: Can the U.S. Repair Its Health Care While Keeping Its Innovation Edge?

The New Health Care: Can the U.S. Repair Its Health Care While Keeping Its Innovation Edge?

Life spans increased in the second half of the 20th century in part because of innovations in the care for high-risk, premature infants.
Nobel in Economics Is Awarded to Richard Thaler

Nobel in Economics Is Awarded to Richard Thaler

The economist Richard H. Thaler at his home in Chicago on Monday after winning the 2017 Nobel Memorial Prize in Economic Sciences. He said he would try to spend the prize money “as irrationally as
The New Health Care: Can the U.S. Repair Its Health Care While Keeping Its Innovation Edge?

The New Health Care: Can the U.S. Repair Its Health Care While Keeping Its Innovation Edge?

Life spans increased in the second half of the 20th century in part because of innovations in the care for high-risk, premature infants.
7 Richard Thaler Columns That Explain How Human Behavior Affects Economics

7 Richard Thaler Columns That Explain How Human Behavior Affects Economics

The Nobel winner Richard H. Thaler in Chicago on Monday.
7 Richard Thaler Columns That Explain How Human Behavior Affects Economics

7 Richard Thaler Columns That Explain How Human Behavior Affects Economics

The Nobel winner Richard H. Thaler in Chicago on Monday.
This Is Not Arthur Laffer’s Famous Napkin

This Is Not Arthur Laffer’s Famous Napkin

The Laffer Curve napkin is on display at the National Museum of American History in Washington.
This Is Not Arthur Laffer’s Famous Napkin

This Is Not Arthur Laffer’s Famous Napkin

The Laffer Curve napkin is on display at the National Museum of American History in Washington.
Richard Thaler Talks About Silly (but Serious) Things

Richard Thaler Talks About Silly (but Serious) Things

Soon after winning the Nobel prize, Richard Thaler speaks at the University of Chicago, where he is a professor.
The New Health Care: Don’t Nudge Me: The Limits of Behavioral Economics in Medicine

The New Health Care: Don’t Nudge Me: The Limits of Behavioral Economics in Medicine

Ryan Braun of the Milwaukee Brewers applying sunscreen before a game in July. Getting people to do things like apply sunscreen, eat properly or take medication as directed is a public health
The New Health Care: Don’t Nudge Me: The Limits of Behavioral Economics in Medicine

The New Health Care: Don’t Nudge Me: The Limits of Behavioral Economics in Medicine

Ryan Braun of the Milwaukee Brewers applying sunscreen before a game in July. Getting people to do things like apply sunscreen, eat properly or take medication as directed is a public health
Capitalism Has a Problem. Is Free Money the Answer?

Capitalism Has a Problem. Is Free Money the Answer?

A nonprofit organization, GiveDirectly, is proceeding with plans to provide universal cash grants in rural Kenya. A grant allowed this recipient to build a house.
Capitalism Has a Problem. Is Free Money the Answer?

Capitalism Has a Problem. Is Free Money the Answer?

A nonprofit organization, GiveDirectly, is proceeding with plans to provide universal cash grants in rural Kenya. A grant allowed this recipient to build a house.